In our Hot Topic today we have Christopher McEntee, President of ICE Mortgage Services the business unit responsible for the operations of the Mortgage Electronic Registration System, (“MERS System”) and Simplifile, which are part of Intercontinental Exchange, Inc. (NYSE: ICE).
Want to know more about Christopher McEntee?
In this role, McEntee is responsible for the management of ICE Mortgage Services, as well as M&A, partnerships and alliances for various business segments, including mortgage finance and emerging technologies. He started at ICE in March 2011 as Senior Director of Corporate Development.
Prior to joining ICE, McEntee worked at the Federal Home Loan Bank of Atlanta as a Director and managed the marketing of lending programs, supported product development, and served on multiple executive committees. He began his career as an Editor and Bureau Chief for The Bond Buyer, and was the National Editor until 1999.
McEntee earned a Bachelor of Arts in English from St. Michael’s College and a Master of Business Administration from Georgia State University, where he has taught as a part-time professor at the J. Mack Robinson College of Business.
Topics Covered in this Episode:
- Shifts in the industry landscape regarding eMortgages
- Steps companies can be taking to ensure e-readiness
- Becoming as “e” as you can be – benefits of eRecording
- ICE Mortgage Services and what the solution can do for the industry
- Education: eMortgage Boot Camp on June 23, webinars (including a legal webinar coming up March 25)
You can register for upcoming webinars at MERS Inc here.
View List – All Lenders and vendors live on the MERS® eRegistry
Excerpts from this Episode:
Listen: A look at the movement of the markets today…
Listen: Don’t boil the ocean… focus on the areas where you can drive operational efficiencies…
Listen: It starts with selecting the part of the mortgage process that you want to go ‘e’ with… getting more production out of your team…
Listen: What we’re seeing is a broader based of participants trying to get educated about how to make the transition to an entire digital mortgage solution…
Listen: Where lenders should invest for the future… developing a digital strategy for 18-24 months…
Listen: Seeing cost of production cut in half due to technology adoption of e mortgages… cost savings and higher productivity…
Listen: There will be a digital divide at some point… but this is where the mortgage industry is going…
Listen: The road to digital is through data… the question is how can I use data to make my business more efficient and attract new customers…
Listen: There are aspects to the digital mortgage that are beyond the tipping point… look at Simplifile, now approaching 100 Million records that will be e-recorded…
Listen: The technology is evolving so rapidly people are trying to determine where to make their point of entry…
Listen: A look at the upcoming webinars and educational efforts…